Beyond Purchase Section Overview
"Ownership is not about possession, but responsibility.”
-Naveen Jain
Welcome to the final section of this course: Beyond the Purchase.
Description
Learn about the practical aspects of co-ownership you'll need to navigate and how these impact your overall success as shared homeowners.
Why It’s Important
Co-ownership is the main event. Co-buying leads to co-ownership: once you close your purchase and take possession of your new home, you and your co-buyer(s) become co-owners.
Success is determined over the long haul. In that sense, co-ownership is similar to getting married. The decision-making, planning, and making it official all lead up to the partnership period and the journey ahead.
It's critical to set up a robust framework for co-ownership, starting with alignment. It's equally important to manage all the moving parts as a team actively over the entire co-ownership period.
What You’ll Learn
Co-ownership involves numerous moving parts. While covering every aspect of co-ownership is beyond the scope of this course, we'll highlight some of the most pressing topics and considerations.
Outcomes
By the end of this section, you'll have a head start on unpacking the core components of successful co-ownership.
Note: This section builds on several of our blog posts. We provide links in the Section Review and encourage you to check them out.